Moldova: Legislation amending transfer pricing rules, exempting income derived by nonresident individuals from state securities, extending reduced VAT rate to medical devices

Law no. 187 effective January 1, 2026

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July 22, 2025

Law no. 187, which was adopted on June 10, 2025, and published in the Official Journal on July 18, 2025, introduces the following tax changes effective January 1, 2026:

  • Amends the transfer pricing rules to eliminate the requirement to submit a transfer pricing file; however, companies with related party transactions equal to or greater than MDL 20 million must submit a transfer pricing file if requested by the State Tax Service (STS) within 120 calendar days of the request, but not earlier than the deadline for submitting the transfer pricing information
  • Exempts capital gains and interest income derived by nonresident individuals, who do not carry out business activity in Moldova, from government securities and/or bonds issued by local public authorities
  • Extends the reduced value added tax (VAT) rate of 8% to supplies of medical devices registered in the State Register

For more information, contact a KPMG tax professional in Romania:

René Schöb | rschob@kpmg.com

Inga Tigai | ingatigai@kpmg.com

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